CNN – Business/Consumer

By Chris Isidore, CNN Business Delta CEO Ed Bastian thinks wearing masks on airplanes is a good idea. The day after Southwest CEO Gary Kelly suggested at a Senate hearing that wearing masks on a plane was not necessary, Bastian said he doesn’t agree. He said masks would be necessary for the foreseeable future. “I

By Jordan Valinsky, CNN Business H&R Block is suing Block, the digital payments company previously known as Square, for trademark infringement. The 65-year-old company said in a press release Thursday that CEO Jack Dorsey’s company “appears to be taking a shortcut to capitalize on the well-known Block moniker.” H&R Block alleged that the change is

By Charles Riley, CNN Business The Bank of England is hiking interest rates in an effort to fight surging prices even as the Omicron variant engulfs the United Kingdom and threatens to put the economy into reverse. The central bank’s Monetary Policy Committee said Thursday that it would raise interest rates from the record low

By Matt Egan, CNN Business Business leaders and former policymakers are sounding the cyber alarm. The JPMorgan International Council on Thursday urged the public and private sector to step up their cybersecurity efforts to combat an increasingly dangerous threat to the economy and national security. The council, which includes JPMorgan CEO Jamie Dimon, Johnson &

By Blake Ellis, CNN The federal government plans to begin sending students at the US Merchant Marine Academy back to sea later this month, resuming a key training program that had been temporarily suspended in the wake of an allegation that a 19-year-old student was raped on a ship. The program was halted early last

By Chris Isidore, CNN Business The CEOs of two of the nation’s major airlines say they don’t think wearing masks on planes does much to help limit exposure to Covid. The comments from American Airlines CEO Doug Parker — the nation’s largest carrier — and Southwest CEO Gary Kelly came during a hearing about the

By Anneken Tappe, CNN Business America’s inflation spikes have prompted the Federal Reserve to pick up the pace in normalizing its pandemic-era monetary policy. On Wednesday, the central bank said it will wrap up its stimulus program faster than originally announced, and its updated economic projections show multiple interest rate increases in 2022. The central

By Paul R. La Monica, CNN Business “Bowling for Dollars” was a popular 1970s game show. The company that owns the Professional Bowlers Association, as well as hundreds of bowling alleys across the country, is now getting ready to put that idea to the test. Bowlero, which operates lanes under the Bowlero, Bowlmor and AMF

By Nathaniel Meyersohn, CNN Business The Labor Department sharply criticized Dollar General’s “troubled history” on worker safety, saying the fastest-growing retailer in the United States has been putting its more than 150,000 workers in harm’s way for years. “At the U.S. Department of Labor, the company is recognized for its long history of violations and